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Update: Timmins Gold Refinances Its $13 Million Credit Facility

Timmins Gold (NYSEMKT:TGD) just announced that it has refinanced its $13 million credit facility with Sprott Resource Lending Corp. and Morgan Stanley Capital Group. The credit facility has an 11-month duration, which will likely be extended as it has been in the past. It comes with a 9% interest rate, which is admittedly somewhat…